You are here


When things can't get any worse, they turn negative

TO THE long list of economic mysteries can now be added interest rates. They have been at rock bottom, as everyone knows. But now we have encountered something novel: negative interest rates. Lenders are actually paying for the privilege of allowing someone to borrow their money. It is occurring...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to